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Oh I see, so do they not even put a temporary hold? Otherwise doesn't that mean they might not be able to get a significant portion of their pledged funding (e.
by throwaway613834 9y ago
Oh I see, so do they not even put a temporary hold? Otherwise doesn't that mean they might not be able to get a significant portion of their pledged funding (e.g. if people don't bother to update their cards)?
- pfooti 9y agothat is correct - some percentage of every KS campaign fails to collect due to rejected CC charges / chargebacks etc. According to this older (2015) article [0], in 2014 KS had $529 MM in pledges, but only collected $444 MM. So: that's like 83% successful charges? Then again, that might have included failed campaigns (since those would be pledges that didn't collect as well). 0: https://techcrunch.com/2015/01/06/kickstarter-2014-numbers/ https://techcrunch.com/2015/01/06/kickstarter-2014-numbers/